Application Deadline: July 15, 2021
Suitable start-ups to be funded through the Developpp Ventures Ideas Competition are being selected during an open ideas competition. This takes place twice a year and is open to all start-ups that meet the conditions for participation.
The funding contract is concluded with one of the two implementing partners, DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH and Deutsche Gesellschaft für internationale Zusammenarbeit (GIZ) GmbH.
Participation requirements for the develoPPP Ventures ideas competition
Your company is registered in the target country or plans to register there prior to the co-financed growth investment
You are pursuing an innovative business model and are already generating initial revenue
Your business model has high development relevance and scalability and contributes to achieving the Sustainable Development Goals (SDGs)
When can I apply Developpp Ventures Ideas Competition?
The develoPPP Ventures ideas competition takes place twice a year. You can submit your application documents during the following time windows:
2nd quarter: May 26 to July 15
4th quarter: November 15 to December 31
Minimum Requirements for the Developpp Ventures Ideas Competition?
Your start-up must be privately owned and profit-oriented and must be registered in the target country or register there prior to the funded growth investment.
Your business model has high development relevance and scalability and thus contributes to the achievement of the Sustainable Development Goals (SDGs).
There must be Proof of concept and initial revenues must have been generated. You can find the full list of participation requirements above.
Not yet active locally. Can we still get funding?
The develoPPP Ventures funding is aimed at young companies that want to further expand their business model in the respective country. A legal entity must be registered locally by the time the contract is concluded at the latest.
The funding contract can only be concluded with a local company. The funding is provided for the growth strategy in the respective country and is to be used in the country.